Overview

Cardstack is an open-source framework and consensus protocol that makes blockchains usable and scalable for the mass market.

Project stage

Beta version

Detailed description

Cardstack is a leap forward for blockchain at every layer of the software stack - providing a toolset that unlocks the potential of the decentralized Internet for everyone.

App FrameworkCardstack Framework is a comprehensive SDK for building powerful, cohesive blockchain apps. At the core is Cardstack Hub, which orchestrates data and value transfer across multiple blockchains and the cloud.

Aggregation ProtocolCardstack-powered dApps can tap into the Tally protocol, which gives dApps the power to perform complex computations to organize large networks of users — such as batching payments, counting votes, and rewarding good work.

Ecosystem TokenDevelopers can monetize their Cardstack- based apps via the smart contracts powered by the Cardstack Token (CARD), an Ethereum-based ERC20 token designed to fairly reward Cardstack- powered communities.

Cardstack’s approach to decentralizaton lets self-sovereign users act as their own hub, so that interactions with applications and services running on networks of different topologies flow through a software stack controlled by the users.

Problem

Centralized tech giants force us into silos, and capture the value we create. Early decentralized tech like Bitcoin demonstrates the promise of blockchain, but has only delivered gains to a handful of enthusiasts. Cardstack is a leap forward for blockchain at every layer of the software stack—providing a toolset that unlocks the potential of the decentralized Internet for everyone.

This ecosystem is governed by smart contracts powered by the Cardstack Token (CARD), an Ethereum-based ERC20 token. CARD isn’t just any old cryptocurrency: it’s designed specifically to create a sustainable marketplace where open-source developers are rewarded fairly, while allowing users to curate and combine the perfect mix of software services to fit their needs. Just like other cryptocurrencies, CARD users can become miners to validate transactions and earn fees. But unlike Bitcoin—which forces miners to solve useless math problems —Cardstack analytic miners help calculate the reward function of who gets paid out what, while sifting out spam, making the system fair and resilient. Analytic miners’ results compete in a sortition scheme we call proof-of-analytics, so reward algorithms are never under a single party’s control.

Features

For End Users:

Mix and match multiple dApps and cloud apps;

Create amazing new workflow and app combinations using Cardstack Hub;

Use one token (CARD) that forms retainer agreements with all the services you need;

Additional links

Token details

Token symbol
? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. :CARD

Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 35,000,000 USD

Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)

Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :10,000,000 USD

Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Hybrid token

Total supply ? Total supply — a total amount of tokens that will be released by the developers. :10,000,000,000 CARD

Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No

Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA

Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed

Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No

Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA

Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BTC, ETH, USD,

Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :Cuba, Iran, North Korea, USA,

Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No

Token and Funds Distribution

Token distribution date

60% of the generated tokens will be distributed in Year 1 through early contributor agreements, pre-allocation, crowd fundraiser, airdrops, Year 1 ecosystem initiatives, and advisors/partners allocations. Allocated tokens will be available for peer-to-peer usage at the conclusion of the crowd fundraiser, which will begin no more than 60 days from the conclusion of the pre-allocation period.

The airdrop awards will occur throughout the ﬁrst year, with each airdrop event limited to 2% of the generated tokens. There will be a public announcement at least 30 days before each distribution event, allowing interested participants to prepare their prerequisites for the awards.

Unsold tokens

NA

Token Distribution

Vesting notes

Token Sale:1 year

Cardstack Syndicate & Team reserve:4 year vesting after Year 1

Cardstack Foundation reserve:5 year vesting after Year 1

Airdrops:2% per drop

Funds Distribution

Sale schedule

Round

Token Price

Bonus

Min / Max Purchase

Soft Cap

Hard Cap

Main Sale —
Ended
01 May 10:00 UTC01 Jun 10:00 UTC

0.017 USD

No

Min 0.1 ETH

10,000,000 USD

35,000,000 USD

Presale —
Ended
06 Mar 00:00 UTC08 Mar 00:00 UTC

NA

10%

-

Uncapped

Uncapped

Team

Chris Tse

Founding Director

Ed Faulkner

Lead Developer

Hassan Abdel-Rahman

Sr. Blockchain Developer

Will Bagby

Senior Developer

Alex Speller

Senior Developer

Burcu Noyan

Design Technologist

Wilfred Chan

Managing Editor

Kaeleigh Forsyth

Writer / Editor

Jacqueline Thong

Head of Operations

Justin Thong

Data Scientist

Ken Rossi

UX Lead

Chris Gardella

Lead Designer

Katrin Nusshold

Editor

Steve Bobrov

SR QA Engineer

Dmitry Naidionov

Product Manager

Advisors

Aaron Sikes

Senior Developer

Venkat Dinavahi

Developer

Maximillian Kirchoff

Interaction Designer

Isla Bell Murray

Interaction Designer

Balint Erdi

Senior Developer

Anne Wright

Event Producer

Roadmap

2017

Released as Open Source

Cardstack for Developers

Content Management

Search & Discovery

Workflow System

Hyperledger Sawtooth

Ethereum VM

Git as Truth

Cardstack Token (CST)

2018

Available to Early Adopters

Cardstack for Users

Contextual Messaging

Membership Affiliations

Global Billing

Docker Containers

Matrix Communications

Cloud Orchestration

Containerized Components

Proof-of-Analytics

2019

Network Ready for Business

Cardstack for Networks

Card Catalog

Automated ML Agents

Stakeholder Governance

Peer-to-Peer Node

Native App Shell

Continuous Synchronization

In-Hub / At-Edge Machine Learning

Activity

Social

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